Group Financial Management System Design And Implementation

In recent years, there has been an obvious tendency of group and diversifiedoperations of enterprises in China and thus a large number of enterprises which arecross-industry, cross-regional as well as cross ownership appear. The role of businessmanagement in enterprises’ development is becoming more important and the financialmanagement is the key of all the business management. With financial management asthe main factor, this paper integrates modern logistics and information into an organicwhole, aiming at providing the reference and theoretical support for a comprehensivefinancial management system in modern enterprise group.This paper describes the information construction of financial management inChina and analyzes the significance of establishing a comprehensive financialmanagement system in the groups by connecting with the actual operating mode offinancial management. After fully analyzing the actual demand of the group user, thepaper puts forward the general principles and objectives of the group financialmanagement informatization.The paper analyzes the actual demand of financial software from the groups, anddesigns the overall framework of the system, briefly expounding the functions of thesystem, mainly including general ledger, cash management, accounts payablesmanagement, financial investment management, fund management as well asconsolidated statements, etc. In the general ledger processing module, the accountingtreatment process conforming to the actual demand is designed to support all therequired functions of accounting. In the purchase and return module, the design goal isput forward and the purchase and return process is designed according to the actualneeds. In cost accounting module, the operation process is designed and theimplementation method is put forward. In cost control module, the function of nodecontrol is added and its implementation method is also expounded. Financial investmentmodule can support the plan, management and analysis of the financial investment.Cash management module can predict the cash flow as well as its managementthrough the information of accounts payables.Inventory management is an important aspect of the group management, also themain content of this paper. In this paper, the practical operation process is designed based on the actual inventory management. In the process of implementation, the newconcept of “effective inventory” is put forward, and the calculation formula of effectiveinventory is also given. Practice has proved that the stock analysis becomes morereasonable, scientific and effective through the service rate and effective inventory. Theleast-square method is first applied in the paper to build up the forecast model on thesales, and satisfactory results are obtained. This paper discusses and completes thedesign and implementation of combining the static and dynamic inventory model. Thismethod can avoid all sorts of malpractices brought by using pure static or dynamicinventory, accurately grasping the inventory and not affecting the enterprise productionand sales. This paper also completes the algorithm of the intelligent order by using theMax-Min method.Finally, the paper gives the related experimental results.